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Deputy: China’s Egypt investments boost exports
The article discusses the importance of Chinese President Xi Jinping's visit to Egypt and the opportunities it presents to enhance economic and investment cooperation between the two countries. It suggests that the goal is to move from simple trade exchanges to productive and industrial partnerships that contribute to increasing the added value of the Egyptian economy. The visit also offers opportunities to attract new Chinese investments and establish factories in sectors such as engineering industries, electronics, electric vehicles, and the food and medical industries, with a focus on technology transfer and increasing local content. Furthermore, it emphasizes that this collaboration can boost Egyptian exports to China and support Egypt's transformation into a regional trade hub by leveraging its trade agreements and achieving greater balance in the trade deficit. The trade volume between Egypt and China is approximately $19.52 billion in 2025, with significant prospects for future growth in cooperation.
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